Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) Short Interest Up 84.9% in August

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) was the target of a significant growth in short interest during the month of August. As of August 14th, there was short interest totaling 6,914 shares, a growth of 84.9% from the July 30th total of 3,739 shares. Based on an average trading volume of 1,894 shares, the short-interest ratio is currently 3.7 days. Approximately 0.0% of the company’s shares are sold short.

Ryohin Keikaku Trading Up 6.9%

Shares of OTCMKTS RYKKY traded up $0.94 during midday trading on Monday, hitting $14.55. The stock had a trading volume of 6,904 shares, compared to its average volume of 4,203. The company has a quick ratio of 1.77, a current ratio of 3.00 and a debt-to-equity ratio of 0.20. Ryohin Keikaku has a 1-year low of $8.76 and a 1-year high of $15.39. The company has a market capitalization of $16.34 billion and a price-to-earnings ratio of 39.32. The company has a fifty day moving average price of $13.07 and a 200 day moving average price of $11.98.

Ryohin Keikaku (OTCMKTS:RYKKY) last posted its earnings results on Friday, July 10th. The company reported $0.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.13 by $0.04. The business had revenue of $1.75 billion for the quarter, compared to analyst estimates of $1.54 billion. On average, analysts predict that Ryohin Keikaku will post 0.41 earnings per share for the current year.

Analysts Set New Price Targets

Separately, Sanford C. Bernstein assumed coverage on shares of Ryohin Keikaku in a research report on Tuesday, May 26th. They set a “market perform” rating for the company. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Ryohin Keikaku currently has a consensus rating of “Hold”.

About Ryohin Keikaku

Ryohin Keikaku Co, Ltd., founded in 1980 and headquartered in Tokyo, is a Japanese retailer best known for its MUJI brand. The company’s core business revolves around the design, planning, manufacturing and sale of a broad array of household and consumer products. Emphasizing simplicity, functionality and quality, Ryohin Keikaku has built a reputation for its “no?brand” or minimalist design philosophy, which seeks to eliminate unnecessary features and branding in favor of honest materials and understated aesthetics.

The company’s product portfolio includes furniture, kitchenware, home furnishings, apparel, stationery, personal care items and a curated selection of packaged foods.